CNBC Economy / Updates
- U.S. job creation cools in June with payrolls growth of just 57,000; unemployment rate at 4.2% July 2, 2026Nonfarm payrolls were expected to rise by 115,000 in June and the unemployment rate to hold steady at 4.3%.
- Europe wants to rebalance trade with Beijing, but can't quit Chinese air conditioners July 2, 2026A historic heat wave has driven unprecedented demand for Chinese-made air conditioners in Europe, underscoring the tough task Brussels faces in rebalancing trade with Beijing.
- World Cup could boost the June jobs report by 40,000, Goldman estimates July 2, 2026Nonfarm payrolls are projected to post a gain of 115,000, according to the Dow Jones consensus.